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Discussion in 'Ask An Owner Operator' started by istumped, Oct 20, 2023.

  1. Oct 20, 2023 #1
    istumped

    istumped Medium Load Member

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    234
    Feb 8, 2015
    0
    Would you add 1 million on liability for an extra$ 1000.00 dollars in premium?




    We did here right or wrong you never know what can happen?
     
    istumped, Oct 20, 2023
    istumped, Oct 20, 2023
    #1
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  3. Oct 20, 2023 #2
    DUNE-T

    DUNE-T Road Train Member

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    May 10, 2015
    Detroit, MI
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    Only if you have a contract with specific customer and they require it. Otherwise no
     
    DUNE-T, Oct 20, 2023
    DUNE-T, Oct 20, 2023
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    Siinman and bzinger Thank this.
  4. Oct 20, 2023 #3
    kwswan

    kwswan Road Train Member

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    Jul 26, 2009
    mcminnville,tn.
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    Probably not unless like dune t said. I did add a million dollar umbrella policy a couple of years ago though.
     
    kwswan, Oct 20, 2023
    kwswan, Oct 20, 2023
    #3
  5. Oct 20, 2023 #4
    Midwest Trucker

    Midwest Trucker Road Train Member

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    Aug 31, 2018
    0
    Absolutely. That’s cheap. I think our 2 million umbrella is like 17k per year. If your making money and accumulating wealth inside the company and personally then really it’s a good idea. Just starting out or if you don’t have much cash or asset then they can’t take what you don’t have.
     
    Midwest Trucker, Oct 20, 2023
    Midwest Trucker, Oct 20, 2023
    #4
    W923 and Siinman Thank this.
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